NEW ZEALAND GAZETTE

No. 166

• The AMP Diversified Property Trust;
• The AMP Diversified Property (NZ) Trust;
• Trust Company of Australia Limited;
• Stockland Trust Management Limited;
• Stockland Property Management Pty Limited;
• Stockland Trust;
• Stockland Corporation Limited;
• J.P. Morgan Nominees Australia Limited; and
• Westpac Custodian Nominees Limited.

The Commission, pursuant to section 81 of the EIR Act, also exempts persons who, from time to time, acquire more than 10% of the securities in Stockland from the application of section 17 of the EIR Act in respect of their “cross-involvement” (as that term is defined in the EIR Act).

The above exemption is given to the cross-involved entities and persons who acquire more than 10% of the securities in Stockland subject to the following terms and conditions:

(a) That ADP or any other persons do not introduce a charge to any person for the use of, or in connection with, any electricity lines business in relation to the supply of electricity to tenants of ADP’s properties.

(b) That ADP or any other persons do not prevent access to any embedded electrical wiring systems owned or operated in relation to ADP’s property investment activities, by any competing electricity supply business wanting to supply electricity to any of ADP’s tenants.

(c) That ADP or any other persons do not at any time enforce any of the existing lease clauses which allow the option of supplying electricity to any of ADP’s tenants, so that ADP’s tenants are free to choose their electricity supplier.

(d) That ADP:
(i) notifies, within three months, those tenants who have lease clauses which allow ADP the option of supplying electricity to them that ADP will not enforce these clauses; and
(ii) notifies any new tenants, after the date of this exemption, who have lease clauses which allow ADP the option of supplying electricity that ADP will not enforce these clauses or alternatively that ADP provides in the lease that tenants can choose their own electricity supplier.

(e) That ADP or any of the cross-involved entities provide all tenants of ADP’s properties to whom they supply electricity with relevant electricity consumption and billing information, on a timely basis, to enable the tenants to assess competitive options for the supply of their electricity.

In addition, the Commission, pursuant to section 81 of the EIR Act, exempts from the application of sections 17, 18 and 30 of the EIR Act any business or involvement or interest in relation only to any future property investment and management activities that ADP might undertake, and in respect of which sections 17, 18 and/or 30 would apply.

The exemption to any business or involvement or interest in respect of any future property investment and management activities that ADP might undertake is given subject to the following terms and conditions being fully observed by the business or involvement or interest to which the exemption applies:

(a) The terms and conditions as set out above in relation to the exemption given to the cross-involved entities.

(b) That ADP informs the Commission of the details of any future property investment and/or management activity, within 20 working days (as that term is defined in the Commerce Act 1986) from the day following the day it undertakes the activity, that is likely to breach the EIR Act and for which ADP and/or any other persons are likely to rely on this exemption.

The exemption takes effect from the date of publication of this notice in the New Zealand Gazette.

The Commission may vary or revoke this exemption at any time in accordance with section 81 (5) of the EIR Act.

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Securities Commission

Securities Markets Act 1988

The Authorised Futures Dealers Notice 1994 (No. 3) Amendment Notice 2003

Pursuant to section 38 of the Securities Markets Act 1988, the Securities Commission gives the following notice.

Notice

1. Title and commencement—(1) This notice may be cited as the Authorised Futures Dealers Notice 1994 (No. 3) Amendment Notice 2003.

(2) This notice comes into force on the day after the date of its publication in the New Zealand Gazette.

2. Clause 3 amended—Clause 3 of the Authorised Futures Dealers Notice 1994 (No. 3) is amended by removing the name “HKBA Futures Limited.”.

Dated at Wellington this 18th day of November 2003.

The Common Seal of the Securities Commission was affixed in the presence of:

[L.S.]

COLIN BEYER, Member.

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Land Notices

Ngāi Tahu Claims Settlement Act 1998

Ngāi Tahu Ancillary Claims Trust—Final List of Owners

The Ngāi Tahu Ancillary Claims Trust has applied to the Māori Land Court in Christchurch for approval of the final list of owners for the following claims:

Claim No. 16 South Westland:

Awarua: Rural Section 881, Block IV and VIII, C.T. 8B/514, area 40.4686 hectares, near the mouth of the Haast River;

Okahu: Rural Section 5523, C.T. 8C/1117, area 4.0581 hectares, between Jackson Bay Road and the Arawhata River, near Haast Beach;